7 Simon Company's year-end balance sheets follow. Current Year 1 Year ago 2 Years Ago Part 1 of 2 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 25,568 76,350 94,113 9,566 233,139 $ 437,736 $ 29,585 52, 302 69, 811 7,845 217,816 $ 377,359 $ 29,606 40,696 44,216 3,290 190, 492 $ 308,300 2.5 points $ 111,176 83,117 162,500 80,943 $ 437,736 $ 65,049 88,528 162,500 61,282 $ 377, 359 $ 41,916 66,772 162,500 37,112 $ 308,300 cBook Hint The company's income statements for the Current Year and 1 Year Ago, follow. Print For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Year $ 569,057 $ 347,125 176,408 9,674 2.398 540, 605 $ 28,452 1 Year ago $ 449,057 $ 291,987 113, 611 10,328 6,736 422,562 $ 26,495 References Earnings per share $ 1.75 $ 1.63 Additional information about the company follows. $ 29.00 27.00 0.30 0.15 Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year ago For both the current year and one year ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Dividend yield. 3a. Price-earnings ratio on December 31. 3b. Assuming Simon's competitor has a price-earnings ratio of 7, which company has higher market expectations for future growth